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Orchidprotocol

All in on OXT and here is why!Descending wedge with a measurement right to the top trend line Tracking the peaks. This is too perfect to be true. Can this happen during such an oversold market with FUD running rampant? Well, it wouldn't be the first time OXT took off out of no where to $1 leaving everyone on Coinbase with level 10 FOMO. While many people are speculating that BTC can see prices somewhere near 10 to 12k, there are pretty valid arguments that have been made suggesting 20k is likely the bottom. Ironically enough, BTC is also showing the same type of descending wedge on its daily chart. If BTC goes up, it would further incentivize OXT to take off with the upmost aggression. I will also mention that at the current prices, we could be seeing a perfect level to make massive gains in the months to come. The market will turn tides and when that does, OXT will almost certainly plow through into, what i predict to be around .50 cents mid term and .80 cents to $1 long term.
COINBASE:OXTUSD
by DanielRiera
1
OXT Getting ready for LIFT OFF!OXT is an interesting coin in that the charts have always been a little easier to read than most others. OXT is currently in its low ends of the price spectrum, which means people are scooping up coins prepping for the next run up. OXT tends to shoot up out of no where and as you can see in the chart, it seems to pop up roughly every 8 months. If this cycle continues, we may be in for a serious pump here soon. Could we see a pump to .50 cents or could we see a pump to $1 as it has done already in the past? I have a feeling that soon, and by soon i mean in the next month or two, we may be a huge rally on OXT.
COINBASE:OXTUSDLong
by DanielRiera
Orchid OXTUSD - Back into an area of interest for me. Traders, I waited patiently. And now? OXT is finally back into an area in which I become interested again. Over the BLACK ascending trendline is definitely a bullish sign! Now, we do need to see confirmation on the daily. Today's candle should close above that black trendline and then I'd like to see another candle open and close above it tomorrow. But all in all, with the bullish price action I am seeing again in crypto world, I expect this to happen. So, here's what I'll look for: #1 - We hit resistance at 30.8 cents. Now, I'd like to see a retreat. #2 - A re-test of our previous resistance, now support, at around 28 cents. #3 - A bounce from there and continued upward price trajectory. My entry/re-entry area would be around that 28 cents support level. I'll wait patiently and, should I have some funds set aside, I'll enter there. If the price doesn't retreat to that level? I move on. Plenty of opportunities right now. Can hardly keep up! Best of luck traders! - Stewdam.us
COINBASE:OXTUSD
by stewdamus
6
OXT/USD Weekly Chart, Inverted Sometimes I like to invert my charts just for a different perspective. If this was top I would be thinking bear , I certainly would be looking for locations too short (but remember the chart is inverted 🐂). Perhaps the $1.00 wick, exactly $1 wick, come on! This seems like a really important level for me. I think OXT over time will grow even more bullish, but if BTC changes its mind that can really throw all TA out the window, IMO. *Not trade or financial advice Beginning trader and technical analyst. Just trying to learn something new everyday. Always appreciate any feedback. COINBASE:OXTUSD [
COINBASE:OXTUSDLong
by Cryptough
2
OXT---Possible Scenario: Rising Wedge Pattern FormingHello Traders, It looks like we may have a rising wedge pattern forming on the daily chart. These can typically signify a bearish pullback. Though I am weary of this happening just based on the overall bullish sentiment of the market. To be safe I will be cutting some profit at the top of that trendline and then I will wait for confirmation if it can break and hold above it. Weekends can always be an iffy time to hold depending on your trade style but it can be one of the best times to load up on cheaper buy in's. Good Luck!
COINBASE:OXTUSDLong
by MarkStPeter
2
OXT/USDT Looking for support. Possible Entry between 0.35-0.45$Orchid (OXT) is a decentralised VPN provider. Since VPN is more and more a topic due to data leaks I guess OXT will continue to grow. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Green lines are tested support lines. Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. Cyan line is for volume trendline. Purple lines are trendlines we take a look at. Yellow lines are for visual help only.
Long
by tumbler55
3